Tax season 2023: Here are the penalties you can face for filing your taxes late
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tax return form income calculator irs individual scyther5/Getty Images/iStockphoto Tax season 2023: Here are the penalties you can face for filing your taxes late Asher Notheis March 31, 03:02 PM March 31, 03:02 PM Video Embed T he April 18 deadline for taxpayers in the United States is quickly approaching, and many penalties can await taxpayers who fail to file on time. The deadline also serves as the deadline to ask for an...
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Tax season 2023: Do you have to pay taxes on money or property received in a will?
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Tax season 2023: Do you have to pay taxes on money or property received in a will? Misty Severi March 21, 02:40 PM March 21, 02:40 PM Video Embed W ith tax season upon us, filers who received money through an inheritance from a loved one's will may wonder whether they need to pay taxes on the unexpected income. The short answer is not usually, but three different kinds of taxes could come into play, depending on what a person is inheriting and state laws. Those...
Tax Season 2023: IRS to open multiple Taxpayer Assistance Centers across US
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The report found that "control deficiencies" in the agency's Wage and Investment division "increase the risk of selecting organizations for audit in an unfair manner -- for example, based on an organization's religious, educational, political, or other views." (Graeme Jennings/Examiner file) Graeme Jennings Tax Season 2023: IRS to open multiple Taxpayer Assistance Centers across US Asher Notheis March 08, 12:11 PM March 08, 12:13 PM ...